Business
Egypt mulls new natural gas projects in Iraq
September 1, 2011
Egypt mulls new natural gas projects in Iraq
The Egyptian Natural Gas Holding Company (EGAS) is considering several new natural gas projects in Iraq in collaboration with Iraqi…
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
September 1, 2011
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
Analysts have predicted that Egyptian investments in Libya will be positively affected by the success of anti-regime rebels in ousting…
Gold price drops from LE306 to LE300
August 31, 2011
Gold price drops from LE306 to LE300
The price of 21-carat gold dropped from LE306 to LE300 on the local market on Tuesday, against the backdrop of…
Egypt’s exports set to benefit from Qadhafi’s ouster
August 29, 2011
Egypt’s exports set to benefit from Qadhafi’s ouster
Investors have said Egyptian exports would benefit from rebuilding Libya following Qadhafi’s ouster, and projected that the trade balance between…
Lingering security void devastates tourism in Luxor
August 28, 2011
Lingering security void devastates tourism in Luxor
The absence of security poses a significant challenge to the tourism industry in Luxor, a main tourist center in Egypt.…
Cigarette smuggling costs government LE160 million
August 28, 2011
Cigarette smuggling costs government LE160 million
A recent study showed that the Egyptian government lost about LE160 million during the first half of this year due…
Iraq signs agreement with Egypt’s Al Qalaa for Mosul refinery
August 26, 2011
Iraq signs agreement with Egypt’s Al Qalaa for Mosul refinery
Iraq’s Oil Ministry said it signed a preliminary agreement with Egyptian company Al Qalaa to build a 150,000-barrel-a-day refinery in…
Jordan agrees to negotiate price revisions for Egyptian gas exports
August 25, 2011
Jordan agrees to negotiate price revisions for Egyptian gas exports
Jordanian authorities have sent official letters to the Egyptian Petroleum Ministry to indicate their willingness to renegotiate the prices of…
Egypt keeps interest rates on hold, inflation still a concern
August 25, 2011
Egypt keeps interest rates on hold, inflation still a concern
Egypt's central bank kept its benchmark interest rates on hold at a meeting on Thursday, reflecting continued concern about inflation…
Report: Egyptian expat summer vacationers from Gulf down 50%
August 25, 2011
Report: Egyptian expat summer vacationers from Gulf down 50%
The number of Egyptian expatriates living in the Gulf states who vacation in Egypt during June and July has declined…